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Friday, August 17th, 2012

Stalled Economy Means Fewer American Babies; Fertility Plunges

Author:     TIFFANY HSU
Source:     Los Angeles Times
Publication Date:     July 26, 2012, 10:36 a.m
 Link: Stalled Economy Means Fewer American Babies; Fertility Plunges
Stephan:   One of the unintended consequences of the recession and the great transition the U.S. is going through is that our birthrate is dropping like a rock. How ironic that the Rightists, amongst whose members is a significant population of white racists are creating the very conditions that assure the white portion of the American population will shrink. As the Economist noted, 'in 2011 America's fertility rate was below replacement level and below that of some large European countries. The American rate is now 1.9 and falling. France's is 2.0 and stable. The rate in England is 2.0 and rising slightly.

The tough economy and high unemployment have young people hesitant to reproduce, with the U.S. fertility rate expected to fall to a quarter-century low this year even though the number of women in prime childbearing age is swelling.

The average woman will have 1.87 children in 2012, according to the U.S. Fertility Forecast from Demographic Intelligence. That’s 12% below the 2007 high of 2.12 children per woman.

By next year, the rate will hit 1.86. Fertility has declined most among Latinas and those with less education; births have risen for Asians and college-educated parents.

Birthing rates haven’t been this low since the 1980s. Researchers blame the recession and its aftermath, which have hit young people especially hard.

Fertility fell most among women younger than 30, down 6% in five years among potential mothers ages 25 to 29. That’s the generation slammed by steep unemployment – 12.8% for 18-to-29-year-olds – along with weighty student loans and a shaky housing market for first-timers.

Bringing children into the picture is pricey. The average child now costs $234,900 to raise – up 3.5% from 2010 and not including college. A report last year found that 23% of young Americans said they’re holding off on starting a family specifically because […]

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